Pearson (LON:PSON) Insider Omar Abbosh Sells 52,025 Shares of Stock

Pearson plc (LON:PSON) insider Omar Abbosh sold 52,025 shares of Pearson stock in a transaction on Friday, January 2nd. The stock was sold at an average price of GBX 1,051, for a total transaction of £546,782.75.

Pearson Price Performance

PSON stock opened at GBX 1,050 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 42.49. The firm has a market cap of £6.67 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 0.83 and a beta of 0.31. The company’s fifty day simple moving average is GBX 1,024.90 and its 200 day simple moving average is GBX 1,053.29. Pearson plc has a 12-month low of GBX 978.40 and a 12-month high of GBX 1,401.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Pearson in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Pearson presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,295.

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.